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1  Local / Deutsch (German) / Re: Bitcoin tax heaven in Germany? on: June 24, 2015, 01:44:34 PM
I understood and do not want to avoid taxation. However, I am Bitcoin keeper (BTC was my emergency treasury) and would like to sell part of them. I hope I can do it without taxation.
2  Local / Deutsch (German) / Re: Bitcoin tax heaven in Germany? on: June 24, 2015, 01:13:10 PM
Thank you for your help! I have last question.

What if I have Bitcoins kept longer than year, but I have not proof of purchase. I have got for free and bought Bitcoins when BTC was almost worthless. After that I have sent them a few times between my wallets (new software, new hardware) and now they are deposited (not moved) for longer than year.

I hope it is enough if I proof that Bitcoins are mine for more than year.
3  Local / Deutsch (German) / Re: Bitcoin tax heaven in Germany? on: June 24, 2015, 12:33:52 PM
Sorry 4 bad english Tongue
Your English is very good, do not worry.

If you sell the Bitcoin after one year u dont have to pay income tax´es for Bitcoins.But its necessary to say, that holding one year means holding one year..
So if u buy 1 BTC on 1. June 2015 and 1 BTC on 1. July 2015..  u must hold the first BTC until 01. June 2016..
If u sold 1 coin between the both dates.. You alwas sell the first u buy (First In First Out)..

For trades with Bitcoins under a year u got a exemption limit of 600 €, after passing the limit u must pay income taxes.
Holding Bitcoins is not a problem, a have a lot BTC kept for more than year. However, I have few more questions and I will be grateful for answer.

1. What if I have Bitcoin address with a three incoming transaction: 20 BTC on 1. June 2014, 15 BTC on 1. September 2014 and 10 BTC on 1. December 2014? May I sell 20 BTC after 1. June 2015, 15 BTC after 1. September 2015 and 10 BTC after 1. Dcember 2015? I mean which account method is accurate: last in first our (LIFO) or first in first our (FIFO)? Explanation: https://en.wikipedia.org/wiki/FIFO_and_LIFO_accounting

2. May I fill tax declaration to declare income form selling Bitcoins only still pay null tax? Is it enough if I put list of my Bitcoins address and amounts of sold Bitcoins, to proof tax authorities that my income is free of tax?
4  Local / Deutsch (German) / Bitcoin tax heaven in Germany? on: June 24, 2015, 11:36:07 AM
Hello, everybody! It will be pleasure, to be part of your community.

Would you like to explain me this: http://www.welt.de/print/die_welt/finanzen/article117487737/Bitcoin-Geschaefte-nach-einem-Jahr-steuerbefreit.html?

If I understood correctly, selling Bitcoins is complety free of tax when transaction is made by private person (and for private purpose only) and Bitcoins have been kept for more than year. Am I right?

If selling Bitcoins would be my only one source of income, will I be exempt from paying income tax at all? Of course, if I will be resident of Federal Republic of Germany and keep Bitcoins for more than year before selling.
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